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Eugene S. Acevedo


Mr. Eugene S. Acevedo is President and CEO of RCBC, one of the largest banks in the Philippines. 

A banking veteran with over thirty years’ experience in the industry, Mr. Acevedo began his career at Citibank, where he was an Executive Trainee in 1987.  By 1995, he was Vice President at Citibank Hong Kong and, in 1997, became Treasury Marketing Head of Citibank Manila.  In 2001, he was appointed Asia Regional Head for Derivatives Structuring and Sales and based in Singapore.  He became Managing Director in 2005 and was Country Treasurer for the Philippines and then Hong Kong.  In his last post at Citibank, he led the Hong Kong/Taiwan/Macau Global Markets Cluster, and was Treasurer of Citicorp International Ltd.

Mr. Acevedo joined Philippine National Bank as its President and CEO from 2010-2011, later moving on to become SEVP of Union Bank, leading its Corporate and Retail Banks while being Chairman of its thrift-lending arm, City Savings Bank.  At Union Bank, he led six acquisitions and built a mass market business.

Before he entered the corporate world, Mr. Acevedo spent a year as a Physics Lecturer at the University of the Philippines-Diliman.

He received his MBA from the Asian Institute of Management as a Javier Nepomuceno Scholar, graduating first in his class. Apart from completing the Advanced Management Program at the Harvard Business School, Mr.  Acevedo has likewise completed specialist certificate courses in data science, fintech, AI, and blockchain cryptocurrency from the British Computer Society, the Wharton School, The Blockchain Council, Johns Hopkins University, MIT, and Oxford University.  He graduated with a BS in Physics, magna cum laude, from the University of San Carlos where he was a DOST scholar, Student Council Chairman, Leadership Awardee, and later, the recipient of its Outstanding Alumnus Award. 

Mr. Acevedo is a Fellow of the Institute of Corporate Directors and serves as a Trustee of De La Salle University and St. John Bosco College. He is also Chairman of the Financial Inclusion Committee of FINEX.

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